Josh Ball
Unique STR ideas/feedback
14 January 2025 | 18 replies
I recommend homing in on what MOST vacationers are looking for in a specific market and try to find properties that have natural features/amenities that are scarce.
Collin Hays
I fired dynamic pricing today
2 February 2025 | 20 replies
This is a natural part of the boom/bust cycle of vacation rentals.
Keilon Morton
Hard Money terms for partnership
7 January 2025 | 5 replies
Because of the nature of a tax lien, it would be difficult to obtain financing from a commercial lender secured by the tax lien itself.
Luka Jozic
Experience of OOS investing in Cleveland after 1.5 years.
29 January 2025 | 107 replies
If you make it to Memphis, we invest pretty heavily in the youth club game down here and our non-profit, Cancer Kickers Soccer Club, is the first non-profit to be on the jersey of a professional soccer team, 901 FC of the USL.
Carlos Lez
Tenant's cosigner asking to break lease due to medical reasons
14 January 2025 | 9 replies
He will be taking a leave of absence for the year.Given the unforeseen nature of his health condition we would appreciate your assistance and consideration in addressing this situation.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
Holding investor funds without a clear and reliable process for withdrawal reflects poorly on RAD’s reputation and calls into question the ethical nature of its practices.
Raul Velazquez
REI in Vancouver, BC
17 January 2025 | 9 replies
Natural appreciation usually takes holding the property for at least a few years (just depending on what the RE market does going forward).
Griffin Malcolm
Options for Using Two Vacant Plots of Land
10 January 2025 | 8 replies
Plot 1: 2024 market value of $6,900. 45x120Plot 2: 2024 market value of $3,800. 100x94I'm still pretty new to the game, so I have no experience with land deals, ground up construction, zoning, things of that nature, and am wondering what the best play is.Sell one to help with acquisition costs and build an ADU on the other?
Eric Coats
Running STR #s for Newbie
29 January 2025 | 20 replies
You should have a good idea of every expense you have in your primary home, then add the STR specific: (These are rough estimate numbers, depending on various factors)STR insurance - a special insurance that covers both the property and your liability, could be $2~4k in areas without natural disasters, could be more than $10k in some other areas.cleaning fee - approx. $50 per bedroom, so a 4-bedroom house will cost you about $150~200consumables - bathroom supplies, kitchen supplies, beverage supplies: $20~30 per week, depending on how much you providewear and tear - towels, linen, kitchen utensils, some furniture: $1000~2000 per yearRepairs/replacement for things that guests break or steal: $1000~2000 per yearAlso, if your personal use is less than 14 days a year, the entire property's expense is deductible against STR income, but if you use more than 14 days, then you will have to calculate the proportion of how many days it's rented out vs how many days you or your family uses.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
30 January 2025 | 47 replies
Human nature is fallible and any business that exists out there is run by humans.